Silver Is the New Gold' — Egyptians Try to Protect Savings In Egypt, the soaring prices and a declining currency have shifted a long-standing tradition. Traditionally, Egyptian women receive a gold jewelry set during their engagement, known as “shabka.” However, due to economic difficulties, with inflation over 30% and the currency losing half its value against the dollar, many are now receiving silver instead. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts From Hawkish to Hesitant: BOJ's Rate Hike Sparks Market Meltdown READ MORE Consumer Price Growth Slows, Potential Relief for Fed Rate Decisions READ MORE US Dollar Dominates Amid Global Economic Shifts READ MORE Housing Costs Fuel Jump in Core US Inflation READ MORE Surprise CPI Drop Propels Gold Prices Towards All-Time Highs READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment